Mumbai (Maharashtra) [India], June 12 (ANI): India's real and nominal GDP could contract by 4.7 and 3.5 per cent this year due to the Covid-19 crisis, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
Singapore, May 21 (ANI): Indian non-bank financial institutions' (NBFI) funding and liquidity will continue to face pressure despite a pick-up in loan collections, according to Fitch Ratings.
New Delhi [India], May 14 (ANI): The Union government on Wednesday announced a reduction in the rate of Tax Deduction at Source (TDS) for the non-salaried specified payments and Tax Collection at Source (TCS) for specified receipts by 25 per cent for the period from May 14, 2020 to March,
New Delhi [India], April 6 (ANI): Having recorded the strongest rise in business activity for over seven years in February, the latest survey data brought this to an abrupt end as services output in India declined in March, according to IHS Markit India Services Purchasing Managers' Index (P
New Delhi [India], Feb 1 (ANI): The total expenditure has been pegged at Rs 30.42 lakh crore in the Union Budget for 2020-21, keeping in mind the government's commitment towards various schemes and the need for improvement in the quality of life.
Singapore, Nov 4 (ANI): With an ambitious target of 30 million tourist arrivals and tourist receipts of USD24 billion next year, Malaysian tourism officials have been busy promoting its fifth Visit Malaysia Year (VM2020) in various Asian cities. The benchmark being set by the last "Visit
New Delhi [India], Oct 12 (ANI): The Income Tax (IT) Department has conducted a search on coaching institutes in Tamil Nadu's Namakkal district in connection with a case pertaining to a business group and seized Rs 30 crore of unaccounted cash and other things during the raid.
Mumbai (Maharashtra) [India], Oct 1 (ANI): India's current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
New Delhi [India], Sept 18 (ANI): NSE Clearing Limited has empanelled private lender Federal Bank for submitting fixed deposit receipts in electronic form (e-FDRs) as collateral to clearing and trading members.
Washington D.C. [USA], Aug 17 (ANI): Prosecutors are leaving no stone unturned to prove singer R. Kelly an accused in a case involving racketeering and sexual exploitation of children. They filed a number of documents in the Eastern District of New York to strengthen their case against him.
New Delhi [India], July 10 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said that the government was committed to the path of fiscal consolidation without compromising on requirements of public expenditure and there was an increase in tax receipts of the government.